When the dollar buys more foreign currency, there has been appreciation of the dollar.
Answer the following statement true (T) or false (F)
True
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Oligopoly: a. Does not meet the condition for allocative efficiency. b. Does not meet the condition for productive efficiency. c. May lead to greater technological progress
d. a. and b. are true, but not c.
After the repeal of Regulation Q, a problem for savings-and-loan associations (S&Ls) was that most of their assets were at __________ interest rates while their deposits were at __________ interest rates
A) low; low B) low; high C) high; low D) high; high
Gordon's plots of the effectiveness lags of monetary policy over the periods 1961-1975, 1976-1990, and 1991-2007 show the effectiveness lags have become ________ and the overall response of GDP to monetary policy has ________
A) shorter, decreased B) shorter, increased C) longer, decreased D) longer, increased
Financing an investment with debt ________ the net present value of the investment because interest payments ________ tax deductible and the full amount of the principal is due in ________.
A) decreases; are; the present time B) increases; are not; the future C) increases; are; present time D) increases; are; the future